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Inside the CFPB
» Wells Fargo, HSBC Will Pay $3.7 Billion to Resolve Legacy MBS Claims; Lehman Sub to Pay $41 Million
Wells Fargo, HSBC Will Pay $3.7 Billion to Resolve Legacy MBS Claims; Lehman Sub to Pay $41 Million
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Two major banks and a defunct subsidiary of Lehman Brothers have agreed to settlements with the Department of Justice to resolve legacy non-agency MBS disputes.